LUK Oil

 LUK Oil -- LangepasUraiKogalymneft -- is a Russian, state-owned oil company comprised of the Langepasneftegas, Uraineftegas and Kogalymnefte "gas production associations and selected refining operations," was established on 25 November 1991. LUKOIL takes its name from "LangepasUraiKogalymneft," which were "re-organised into an open joint stock company by decision of the Council of Ministers of the Russian Federation" on April 5, 1993. In compliance with a Presidential Decree on November 17, 1992, the Government transferred 38% of the ordinary shares (51% of the voting shares) of the three original production associations, as well as two refining companies, seven wholesale and retail distribution companies and three oil industry related companies, to LUKOIL. The remaining shares in these companies was "held by the management and employees of these organisations and by others. Company LUKOIL was registered at the Moscow Registration Chamber on April 22, 1993." Early in 1994, LUKOIL was re-organised into Open Joint Stock Company. 

Getty Petroleum
At the end of 2000, LUKOIL became the owner of Getty Petroleum Marketing Inc., an American company which controlled "1,260 petrol stations in thirteen Northern-Eastern states of the USA. The company market share is 4% in the area as a whole and 9% in core urban areas such as New York and New Jersey." 

Business partners
LUKOIL's business partners include American petroleum companies Exxon Mobil, Shell Oil, Conoco, and ChevronTexaco.

Contact details
11 Sretensky Boulevard Moscow, Russia, 101000 Tel: (+7 495) 627 4444 Fax: (+7 495) 625 7016 Telex: 612 553 LUK SU Web: http://www.lukoil.com

SourceWatch resources

 * oil industry
 * Russia's oil industry